REYES BEER DIVISION SIGNS AGREEMENT WITH CLAYPOOL DISTRIBUTING COMPANY
ROSEMONT, IL – January 13, 2020. Crest Beverage L.L.C., a Reyes Beer Division company, has entered into an agreement to acquire substantially all of the assets of Claypool Distributing Company in Imperial, California. The transaction is scheduled to close in late February.
Steven Sourapas, President and Co-owner of Crest Beverage, said, “Crest Beverage is a great business in the very competitive market of San Diego County. It’s been a great partnership between the Sourapas and Reyes families for over 10 years and on behalf of the entire team, we are looking forward to welcoming new employees and expanding our territory into Imperial and San Bernardino counties.”
Tom Reyes, President of Reyes Beer Division West, said, “We’ve seen a tremendous amount of recent growth and success in our California footprint and this is another great opportunity to build upon that with Claypool Distributing Company.”
The acquisition will add approximately 650,000 cases to Crest Beverage’s existing business, delivering to nearly 400 new customer accounts. “Claypool Distributing Company has a long history of success in Southern California, and I am proud of the business we’ve grown over the years. Crest Beverage is a great business, and I am confident Claypool’s operations will see continued success under their leadership,” said Tom Claypool, President of Claypool Distributing Company.
About Reyes Holdings, L.L.C.
Reyes Holdings, aligned with leading beverage and foodservice providers, produces and delivers some of the best-known brands and widest variety of food and beverage items to retailers around the world. Annually, the company delivers more than 1.2 billion cases of food and beverage products from over 190 locations across the world. Reyes Holdings operations include Reyes Beer Division, the largest beer distributor in the United States representing import, craft and domestic beer brands; The Martin-Brower Company, L.L.C., a global quick-service restaurant distribution business and the largest supplier worldwide of distribution services to the McDonald’s restaurant system; Great Lakes Coca-Cola Bottling, a dedicated Coca-Cola bottler and distributor serving Chicagoland and the Midwest; and Reyes Coca-Cola Bottling, a West Coast bottler and distributor of Coca-Cola products. Reyes Holdings is the 9th largest privately held company in the United States with more than 30,000 employees and annual sales exceeding $27.9 billion. For more information about Reyes Holdings, visit the company website at www.reyesholdings.com.
About Reyes Beer Division
Reyes Beer Division (RBD) is dedicated to being the best distributor in the industry with distributorships in California, Florida, Illinois, Maryland, South Carolina, Virginia and Washington, D.C. RBD is committed to protecting the quality of its brewing suppliers’ brands through the utilization of superior routing and world-class warehouse and cold storage facilities, while also using its highly-trained sales team to grow those brands and best serve the retail customers of Allied Beverages, Chesbay Distributing, Chicago Beverage Systems, Crest Beverage, Florida Distributing Company, Gate City Beverage, Gold Coast Beverage, Golden Brands, Harbor Distributing, High Desert Distributing, Lee Distributors, Premium Distributors of Maryland, Premium Distributors of Virginia, Premium Distributors of Washington, D.C., and Windy City Distributing. For more information on the company, its portfolio of world-class beer brands and career opportunities, explore the company’s website at www.reyesbeerdivision.com.
Media Contact: Laurel Patrick
- Posted in: Press Releases
- January 13, 2020